Saturday, April 25, 2015

Amazon's true brilliance shone this week in a tale of three clouds (AMZN)

This was earnings week in the tech industry, but the one report everybody was waiting for came out on Thursday. That's when Amazon broke out detailed financial results from Amazon Web Services, its cloud computing business, for the first time. That's when the world discovered that Amazon is making about $1 billion a year on more than $6 billion in revenue from its enterprise computing business — a business that not only did not exist 10 years ago, but that nobody in their right mind would...-> read more
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